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20120126
20120126
Search Results 0 to 3 of about 4 (some duplicates have been removed)
budget meeting tonight in oakland. i'm dan ashley. >> i'm carolyn johnson. their interruption was brief, and the focus quickly returned to the millions of dollars cities across the state will lose in redevelopment funds by the end of the month. in oakland, the hit is particularly hard. $28 million. tonight city leaders are scrambling for ways to fill the budget gap. alan wang is at city hall where those layoffs are looming. alan? >> carolyn, the meeting just finished up within the hour. and they decided to delay this very crucial vote. and that's because dissolving a $28 million redevelopment front is a very complicated process, and they don't want anyone to lose their jobs if they can prevent it. despite interruptions by occupy protesters, the city council pressed on. time is running out. >> we have never done anything this big, this fast. >> the council is under pressure is slash possibly 105 jobs that includes 20 city administrator positions by the end of the month. the loss of $28 million in redevelopment funds has the mayor proposing huge cuts in slashing the budgets of the oaknd l
'm carolyn johnson. >> an east bay man pleaded guilty to charges involving a multi million dollar real estate scheme. >> authorities made a federal case out of it. it's a story the i team broke. >> it's a story you'll see only on 7 tonight. >> this is a step for investors but they're still feeling impact with savings, gone, and credit ruined. jim used to call himself the leftas
Search Results 0 to 3 of about 4 (some duplicates have been removed)